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here now is jason brooks with kcbs and cbs moneywatch dot com. debt is pretty much the focus of the marketâu-s and europeâi'll chat about that and hit the numbersâ.will be a tighter hit jason brooks from kcbs and cbs moneywatch dot com. thanks. thanks. the good news couldn't last forever.. the price of gas is on its way up again in the bay area. after months of steady declines, the price has inched up to an average of 3-87 in san francisco. in oakland the average price is now 3-77. and in san jose it's averaging 3-78. analysts say the price may reach four dollars a gallon in the next few weeks. if the current iphone is out of your price range - you may soon have a new option. apple will reportedly sell a cheaper iphone this fall to compete with the growing android market. the new low end phone would work with prepaid networks. for those who are willing to pay full price - the iphone five will also be released this fall. dogs, may be welcome again in downtown santa cruz. the city banned them in 1976, after complaints about waste and aggressive
here now is jason brooks with kcbs and cbs moneywatch dot com. debt is pretty much the focus of the marketâu-s and europeâi'll chat about that and hit the numbersâ.will be a tighter hit jason brooks from kcbs and cbs moneywatch dot com. thanks. thanks. the good news couldn't last forever.. the price of gas is on its way up again in the bay area. after months of steady declines, the price has inched up to an average of 3-87 in san francisco. in oakland the average price is now 3-77. and in...
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Jul 7, 2011
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here now jason brooks with kcbs and cbsmoneywatch.com. good morning. >> reporter: good morning. this is the kind of news we really want to see. hiring on the upswing. it fell off during the swing. a couple of reports show promise. the labor department says first time weekly unemployment claims fell by 14,000 this week to the lowest level in 7 weeks. we hope for a trend in the right direction. private payroll processor adp says 157,000 new jobs were added to the economy in june. that was more than double the expectation and a lot better than may with only 36,000 new jobs and a promising sign going into the monthly jobs report for tomorrow. jobs still really lagging in a key piece of the economy that needs to improve to show better growth overall for the economy. also a couple of decent reports for local retailers. san francisco-based gap saw 1% sales gain across its three chains a lot better than expected and a nice change of pace. they have been struggling. ross stores saw sales increase 5% that. too beat expectations. as a result of all of that, the stock market doing well at t
here now jason brooks with kcbs and cbsmoneywatch.com. good morning. >> reporter: good morning. this is the kind of news we really want to see. hiring on the upswing. it fell off during the swing. a couple of reports show promise. the labor department says first time weekly unemployment claims fell by 14,000 this week to the lowest level in 7 weeks. we hope for a trend in the right direction. private payroll processor adp says 157,000 new jobs were added to the economy in june. that was...
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Jul 21, 2011
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. >> with more on that here's jason brooks with kcbs and cbsmoneywatch.com. good morning. >> reporter: good morning. unfortunately, weekly unemployment claims surged higher last week up 10,000 to 418,000. this following a pretty big drop the week before which had sort of given us some optimism that perhaps the market was going to head the right way but this has been indicativity past three months to get a drop one week and then heading higher the next week after that. we have yet to see claims fall below 400,000 in the past three months. need to be below that point to indicate that job hiring is going under way in an ernest fashion. so that's a problem for the markets. a lot of earnings are out including a number from the silicon valley. intel reporting that it saw its profit increase 2% to $2.9 billion. its profit would have been higher if not for a couple of major purchases buying mcafee as well as infineon. and intel does say that it's seen an increase in shipped sales to pc makers selling their pcs toists with as well as an increase in pc sales to develop
. >> with more on that here's jason brooks with kcbs and cbsmoneywatch.com. good morning. >> reporter: good morning. unfortunately, weekly unemployment claims surged higher last week up 10,000 to 418,000. this following a pretty big drop the week before which had sort of given us some optimism that perhaps the market was going to head the right way but this has been indicativity past three months to get a drop one week and then heading higher the next week after that. we have yet to...
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Jul 1, 2011
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here now to talk about it jason brooks with kcbs and cbsmoneywatch.com. happy friday, jason. >> good morning, frank. good morning, grace. better late than never. that's the case for hewlett- packard as they debut their touchpad tablet device today around stores. getting a lot of publicity. hp going to hit hard putting out its own employees in various stores around the country to try and push the device. it's got the same price starting point as the ipad of $499. but the question is, how will the touch pad differentiate itself from a whole host of other tablet devices out there? the tablet market has just been exploding. gartner says it's going to quadruple sales to 70 million units while pc sales growth has been weakening. hp shares are up just slightly on that news this morning. >>> kodak was hoping to win possibly upwards of $1 billion in licensing deals with apple and blackberry maker research in motion if they could wrangle a win in a patent violation lawsuit concerning digital preview image technology in cameras. but a international trade commission
here now to talk about it jason brooks with kcbs and cbsmoneywatch.com. happy friday, jason. >> good morning, frank. good morning, grace. better late than never. that's the case for hewlett- packard as they debut their touchpad tablet device today around stores. getting a lot of publicity. hp going to hit hard putting out its own employees in various stores around the country to try and push the device. it's got the same price starting point as the ipad of $499. but the question is, how...
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Jul 5, 2011
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okay, thank you. >> jason brooks with kcbs and cbsmoneywatch.com thank you. >>> well, a few days ago we told you that facebook was gearing up to make a very big announcement. >> the only thing we knew was that it was being called awesome. this morning, we are learning a little bit more about that announcement. cnet's editor at large brian cooley joining us this morning. >> you always set the bar high when you tell the world we have something awesome. that's part of the culture. >> do you know more than we know? >> reporter: i have some good guesses. first of all, one of the odds on things they may announce tomorrow a 10 a.m. press conference at the palo alto headquarters might be an app. this is the current facebook app for the ipad. it's an iphone app that's tiny so that's one of the first things is to get an ipad app that fill your screen and use up the real estate. >> people will be surprised. >> reporter: just the iphone app so this is probably a lock if they are going to announce that tomorrow i hope or they are really late. now, what's going to be in that app is what's interest
okay, thank you. >> jason brooks with kcbs and cbsmoneywatch.com thank you. >>> well, a few days ago we told you that facebook was gearing up to make a very big announcement. >> the only thing we knew was that it was being called awesome. this morning, we are learning a little bit more about that announcement. cnet's editor at large brian cooley joining us this morning. >> you always set the bar high when you tell the world we have something awesome. that's part of...
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Jul 12, 2011
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here now is jason brooks with kcbs and cbsmoneywatch.com. not such good news, jason. >> reporter: no, grace. the rumors are really churning when it comes to cisco. bloomberg reports that cisco will cut up to 10,000 jobs next month topping a claim by an analyst who says cisco is poised to cut about 5,000 jobs which would be about 7% of the workforce and save the company about $1 billion a year. cisco has been under a lot of pressure to cut back on a number of lines, consumer products, killed the flip video camera line earlier in the spring. and it's also reorganizing a number of its divisions. new layoffs will be coming, don't know the number. the company probably won't say anything until its earnings come out in august. the company is holding an event in las vegas to show off the latest upgraded switcher, its main core technologies being switchers and routers. it has about 70% of the market but it's feeling the pressure from other companies including hewlett-packard. >>> stock market fell quite a bit yesterday mainly on debt worries. both th
here now is jason brooks with kcbs and cbsmoneywatch.com. not such good news, jason. >> reporter: no, grace. the rumors are really churning when it comes to cisco. bloomberg reports that cisco will cut up to 10,000 jobs next month topping a claim by an analyst who says cisco is poised to cut about 5,000 jobs which would be about 7% of the workforce and save the company about $1 billion a year. cisco has been under a lot of pressure to cut back on a number of lines, consumer products,...
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okay, jason brooks with kcbs and cbsmoneywatch.com. thank you. >>> well, if you have a question for the president, keep it under 140 characters. >> that is the rule. president obama hosting a town hall meeting via twitter at 11:00 this morning. the event is going to focus on jobs and the economy. he will give verbal answers in front of a live audience at the white house. >>> well, it may be a new low for even britain's tawdry tabloids. >> the news of the world that been accused of hacking into a teenager's cell phone jeopardizing a police investigation into her disappearance. and subsequent death. the newspaper allegedly hacked into the teen's phone to hear desperate messages from family members. some of those message were deleted giving the family hope that the girl could have been alive and dialing into her voicemail and maybe deleting them herself. the girl was later found dead. british media also reports the parents of two schoolgirls murdered in 2002 were told by police that they were investigating whether the news of the world al
okay, jason brooks with kcbs and cbsmoneywatch.com. thank you. >>> well, if you have a question for the president, keep it under 140 characters. >> that is the rule. president obama hosting a town hall meeting via twitter at 11:00 this morning. the event is going to focus on jobs and the economy. he will give verbal answers in front of a live audience at the white house. >>> well, it may be a new low for even britain's tawdry tabloids. >> the news of the world that...
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>> thank you, jason brooks with kcbs and cbsmoneywatch.com. have a good weekend. >> reporter: you, too. >>> blistering temperatures are expected once again today in parts of the midwest and the northeast. >> already, that heat wave is blamed for more than 20 deaths. and as carla sues tells us the heat wave is affecting millions. >> reporter: soaring temperatures on the national mall. more than 30 states are baking under a heat advisory. a wave that's taken lives and put millions on high alert. but in the capital, some tourists are taking it in stride. >> extremely hot but, you know, we can take it. >> reporter: antoine toller from north carolina hundreds of miles away but still under the same heat blanket. and looking questions? >> well, we have had triple digits figures in texas in houston. >> reporter: cooling centers became boston's oasis. ice sold faster than could melt in cleveland. and kids from columbus to the capital cooled off the old- fashioned way. people liketals a welder from texas didn't need advice on how to handle the heat. >>
>> thank you, jason brooks with kcbs and cbsmoneywatch.com. have a good weekend. >> reporter: you, too. >>> blistering temperatures are expected once again today in parts of the midwest and the northeast. >> already, that heat wave is blamed for more than 20 deaths. and as carla sues tells us the heat wave is affecting millions. >> reporter: soaring temperatures on the national mall. more than 30 states are baking under a heat advisory. a wave that's taken lives...
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about america's debt limit in just a few minutes on capitol hill. >> with more on that here's jason brooks with kcbs and cbsmoneywatch.com. good morning. >> good morning. fed chairman ben bernanke going before the house financial services committee in just a little while. two things will happen. he will press congress to get a deal done on raising the nation's debt ceiling. otherwise, the nation could face a calamitous economic crisis. the other thing is, they are going to be grilling bernanke on monetary policy. there is a lot of uncertainty from the fed governors on the employment situation and as well as where inflation is headed. some fed members even hinting that we might need a third round of quantitative easing if the job market does not improve quickly enough. electronic arts getting more into social gaming. it's buying pop cap games out of seattle for about $750 million when you include debt as part of the purchase. pop cap behind popular series like bejeweled and zombies versus plant. and social gaming is really growing. mpd group just issued a report saying that in the 1st quart
about america's debt limit in just a few minutes on capitol hill. >> with more on that here's jason brooks with kcbs and cbsmoneywatch.com. good morning. >> good morning. fed chairman ben bernanke going before the house financial services committee in just a little while. two things will happen. he will press congress to get a deal done on raising the nation's debt ceiling. otherwise, the nation could face a calamitous economic crisis. the other thing is, they are going to be...
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news corp executive rebecca brooks has resigned in the wake of a massive media scandal. she oversaw "news of the world" the london tabloid that ceased publication after it was accused of hacking into voicemails of celebrities and crime victims. now, one of those crime victims was a 13-year-old girl who was later found murdered. news corp chairman rupert murdoch plans to meet with that girl's family today. >>> the city of oakland will lose dozens more employees. under the new budget, the tribune says 56 city workers are losing their jobs this month and more cuts are coming. the police department will lose 48 positions next year. two firehouses will be closed daily starting next summer and pay for elected officials is being cut by 15%. >>> in other bay area headlines, a pedestrian is hospitalized with serious injuries after being hit by a bicyclist on san francisco's embarcadero. police say that the woman in her 40s was in the crosswalk at mission street and crossing legally when she was struck. she suffered a head injury. the cyclist stayed at the scene but may face charg
news corp executive rebecca brooks has resigned in the wake of a massive media scandal. she oversaw "news of the world" the london tabloid that ceased publication after it was accused of hacking into voicemails of celebrities and crime victims. now, one of those crime victims was a 13-year-old girl who was later found murdered. news corp chairman rupert murdoch plans to meet with that girl's family today. >>> the city of oakland will lose dozens more employees. under the new...
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., rebekah brooks. hours later in the u.s., the resignation on les hinton, c.e.o. of dow jones, which publishes the "wall street journal." gone are two key executives who served as firewalls in the growing scandal of phone hacking. >> the thing about firewalls is that they eventually burn through. they just delay a fire, they don't stop it. >> reporter: next in the line of fire? murdoch's son james, who has admitted to writing checks to victims of phone hacking. both murdochs face parliament on tuesday. one of those to grill them is tom watson. >> i want to know was he aware a crime had taken place, who gave him the advice, those kind of things. i would like rupert murdoch to tell us what he knew as well. >> reporter: and finally, scrambling on high ground is britain's prime minister, under pressure to showing the extent of his relationship of his relationship with the murdochs, he was forced to release records showing 26 meetings with them or their employees since they took office. he also hosted james murdoch and rebekah brooks at his official country residence.
., rebekah brooks. hours later in the u.s., the resignation on les hinton, c.e.o. of dow jones, which publishes the "wall street journal." gone are two key executives who served as firewalls in the growing scandal of phone hacking. >> the thing about firewalls is that they eventually burn through. they just delay a fire, they don't stop it. >> reporter: next in the line of fire? murdoch's son james, who has admitted to writing checks to victims of phone hacking. both...
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we'll see how it's doing with jason brooks with kcbs and cbsmoneywatch.com. jason, as if google needed this boost, right? >> reporter: well, grace, actually we kind of forgotten what it was like for google to be a real growth company when it comes to profit and its revenues. it's really struggled on wall street over the past several months but its latest earnings really knocked one out of the park. its profit rose 36% to $2.5 billion. revenue up 32% crossing $9 billion in a quarter for the first time. google is embarking on a lot of ambitious projects including its latest social networking effort google plus. it says it's already signed up 10 million users in just the first couple of weeks. investors have been very concerned about google's spending. it's been on a hiring spree. it added another 2400 employees in this past quarter. that's on top of 2,000 in the 1st quarter. google shares are responding to that report. they are up about 13% early on this morning. >>> clorox, which is based in oakland, makes a whole host of different consumer products from glad
we'll see how it's doing with jason brooks with kcbs and cbsmoneywatch.com. jason, as if google needed this boost, right? >> reporter: well, grace, actually we kind of forgotten what it was like for google to be a real growth company when it comes to profit and its revenues. it's really struggled on wall street over the past several months but its latest earnings really knocked one out of the park. its profit rose 36% to $2.5 billion. revenue up 32% crossing $9 billion in a quarter for...
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so will former british ceo rebekah brooks who police are already investigating. the controversy has forced the head of scotland yard and his deputy to resign over their alleged links to a former murdoch executive. the scandal has reached the highest levels of the british government, with opposition leaders saying the prime minister himself has questions to answer about his close ties to the murdoch empire. >> but at the moment, he seems unable to provide the leadership the country needs. >> reporter: rebekah brooks is a friend and a neighbor to the prime minister. the pair have met repeatedly since cameron took office 14 months ago. the prime minister cut short a trip to africa and called for an emergency session of parliament. in a further twist to the scandal, police found one of the first whistleblowers about hacking dead in his home. police are calling sean hoare's death unexplained, but not suspicious. now the murdochs have been coached by the best pr company in the land. not just on what to say, but how to say it. this is all about damage limitation, taking
so will former british ceo rebekah brooks who police are already investigating. the controversy has forced the head of scotland yard and his deputy to resign over their alleged links to a former murdoch executive. the scandal has reached the highest levels of the british government, with opposition leaders saying the prime minister himself has questions to answer about his close ties to the murdoch empire. >> but at the moment, he seems unable to provide the leadership the country needs....
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hiking, biking, pilates... [ woman ] brooke... okay. i wear yoga pants because i am too lazy for real pants. that's my tide. what's yours? san francisco's police chief interrupted.. trying to ease tensions over a deadly police shooting. why most of the angry voices.. aren't even from the area. your boss.. could soon be paying for your commute. . the catch.. and why not everyone is on board. even more confusion.. over mammograms. the age doctors say women should now get screened. and.. the end to the space shuttle era. the final homecoming for atlantis. join us for cbs 5 early edition ... beginning at 4:30. "yelling",,,, >>> on the "cbs morning news" here's a look at today's weather. the heat dome 's b >>> on the cbs morning news, here's a look at today's weather. the heat dome that is sitting over the middle of the country is slowly moving east. upper new england will see scattered severe thunderstorms. >>> rupert murdos ba >>> rupert murdoch is back in the united states. the media tycoon and his wife with arrived home in new york from
hiking, biking, pilates... [ woman ] brooke... okay. i wear yoga pants because i am too lazy for real pants. that's my tide. what's yours? san francisco's police chief interrupted.. trying to ease tensions over a deadly police shooting. why most of the angry voices.. aren't even from the area. your boss.. could soon be paying for your commute. . the catch.. and why not everyone is on board. even more confusion.. over mammograms. the age doctors say women should now get screened. and.. the end...
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so far, rebecca brooks, a former editor turned senior executive, hasn't been investigated, even though she told a parliamentary committee that... >> we have paid the police for information in the past. >> reporter: now public opinion has turned sharply against the paper's owner, rupert murdoch, one of the world's most powerful media tycoons. he bought "the news of the world" back in 1969 and made it the cornerstone of an empire that now includes fox news and the "wall street journal." simon hoggart is a columnist for "the guardian." his newspaper has been investigating the scandal for years, and he says murdoch is facing an enormous backlash. >> it was fear of murdoch before a few days ago, now it's just unalloyed loathing for the guy. >> reporter: the murdochs moved fast to close down "the news of the world" this week, but it's much easier to stop the presses than to repair a reputation tainted by lying and deceit. authorities announced a short time ago that they now arrested a third person in this scandal, a 63-year-old man, although we don't know yet who he is. and rupert murdoch hi
so far, rebecca brooks, a former editor turned senior executive, hasn't been investigated, even though she told a parliamentary committee that... >> we have paid the police for information in the past. >> reporter: now public opinion has turned sharply against the paper's owner, rupert murdoch, one of the world's most powerful media tycoons. he bought "the news of the world" back in 1969 and made it the cornerstone of an empire that now includes fox news and the "wall...
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take rebekah brooks, the former murdoch editor and british c.e.o. who moved in all the right circles. she went to the police station on sunday to answer questions and instead was arrested. brooks is now out on bail and due to testify tomorrow in front of a parliamentary committee along with murdoch himself and his son, james. and in a strange twist to this whole affair, one of the most public whistle-blowers, a man called sean hoare, who was a former entertainment reporter for the "news of the world" was found dead at his home this evening. so far, anyway, police are saying the death is unexplained but not suspicious. bob? >> schieffer: thank you very much, liz. liz palmer in london. in this country, president obama claimed some progress in negotiations to try to find a way to raise the debt limit and keep the government from defaulting on its financial obligations. the reason for the optimism was not all together clear but a cbs news poll out tonight reflects the political toll this crisis is taking. the public is split right down the middle over t
take rebekah brooks, the former murdoch editor and british c.e.o. who moved in all the right circles. she went to the police station on sunday to answer questions and instead was arrested. brooks is now out on bail and due to testify tomorrow in front of a parliamentary committee along with murdoch himself and his son, james. and in a strange twist to this whole affair, one of the most public whistle-blowers, a man called sean hoare, who was a former entertainment reporter for the "news of...
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brooks says it was because there was a suspect at her scene. >> the level of response was based on the fact that there was a suspect in the area and they were coming out because there were still some information that was actionable upon. >> reporter: turns out our purse snatching victim got the same response as councilwoman brooks. officers were on the scene in two minutes flat all because they believed that the thief was still in the area. >> reporter: there is actually a city council charter provision that says the city council member can lose his or her job if they try and exercise influence over another employee or break the chain of command but again both councilmembers say they didn't do either of those things, they were just calling a friend for help when a situation happened. ken? >> well, nobody likes it when they break into your stuff and steals it. christin ayers in oakland, thank you. >>> big brother is watching your every move in oakland's fruitvale neighborhood. the city just installed the first of 30 digital surveillance cameras. they will allow cops to zoom in on faces
brooks says it was because there was a suspect at her scene. >> the level of response was based on the fact that there was a suspect in the area and they were coming out because there were still some information that was actionable upon. >> reporter: turns out our purse snatching victim got the same response as councilwoman brooks. officers were on the scene in two minutes flat all because they believed that the thief was still in the area. >> reporter: there is actually a...
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here's jason brooks with kcbs and cbsmoneywatch.com. jason, it's a good day if you own apple stock, right? >> reporter: stop me if you have heard had before. another blockbuster quarter for apple and another lackluster quarter for yahoo. that's exactly what we saw again in the 2nd quarter. apple blowing away expectations. profit more than doubling to $7.3 billion. revenue up 82% to $28.6 billion. these were record quarterly numbers for apple. they sold more than 20 million iphones. 9.3million ipads in the quarter. the numbers just continue to get better. then you have yahoo. now, their earnings were pretty much in line with expectations at $237 million on the profit side. but revenue was lower than a year ago. $1.08billion. the key, key metric for yahoo fell in the latest quarter that's display advertising revenue. and it's continuing to fall further behind google and facebook is really gaining some ground on yahoo. that's been yahoo's bread and butter for a long time putting more pressure on carol bartz. apple shares are higher by 3.5%
here's jason brooks with kcbs and cbsmoneywatch.com. jason, it's a good day if you own apple stock, right? >> reporter: stop me if you have heard had before. another blockbuster quarter for apple and another lackluster quarter for yahoo. that's exactly what we saw again in the 2nd quarter. apple blowing away expectations. profit more than doubling to $7.3 billion. revenue up 82% to $28.6 billion. these were record quarterly numbers for apple. they sold more than 20 million iphones....
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th d to the cameras as he headed out for dinner with rebekah brookes, his embattled british c.e.o. this is damage control by a man who shows well how to manage his message. but the phone hacking scandal has already cost him one of his most profitable papers. yesterday evening, staff leaving the "news of the world" for the last time put a brave face on the murdoch decision to shut it down. the "news of the world" was the best selling newspaper in britain. a cheeky blend of skin, scandal and gotcha journalism squarely aimed at british working people who enjoyed seeing the rich and the powerful taken down a peg or two. but not families touched by grief. the "news of the world" is under police investigation for hacking into voicemails belonging to relatives of fallen soldiers and a murdered teenager. journalists also hacked into the phones of celebrities who found out and sued. it was james, rupert murdoch's son and heir apparent, who authorized a reported million dollar out-of-court settlement to at least one of the hacking victims. this week, he admitted it was a mistake. >> i acted
th d to the cameras as he headed out for dinner with rebekah brookes, his embattled british c.e.o. this is damage control by a man who shows well how to manage his message. but the phone hacking scandal has already cost him one of his most profitable papers. yesterday evening, staff leaving the "news of the world" for the last time put a brave face on the murdoch decision to shut it down. the "news of the world" was the best selling newspaper in britain. a cheeky blend of...
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so far the murdochs are defending rebecca brooks job but this is far from over. >> when is the response of the media the paper going away after 168 years? >> reporter: it's a bombshell and a great sadness because it's tradition but a lot of speculation about what is to come. more arrests and certainly more resignations and a lot of interest how this will affect the murdoch business empire. i see the stock is down 4% of the parent company in new york this morning. one of their deals has now been delayed here in britain. >> a 12 million pound deal we will talk about in a minute. >>> eleanor goodman is from channel 14 in britain. good morning. >> good morning. >> how extraordinary move of this is for a paper around almost 170 years to all of a sudden just shut down like this? >> it is extraordinary. i was talking to a person earlier today like a pencil line on a boat. murdoch is trying to keep his empire afloat and every time he does it he has to throw something overboard. the first thing he threw overboard if you like is andy coulson the former editor and now throwing over the newspaper w
so far the murdochs are defending rebecca brooks job but this is far from over. >> when is the response of the media the paper going away after 168 years? >> reporter: it's a bombshell and a great sadness because it's tradition but a lot of speculation about what is to come. more arrests and certainly more resignations and a lot of interest how this will affect the murdoch business empire. i see the stock is down 4% of the parent company in new york this morning. one of their deals...
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here now is jason brooks with kcbs and cbsmoneywatch.com. jason, we just saw all the indices looking down this morning. >> reporter: and this is not the news we wanted to see this morning. it's incredibly disappointing and really a surprise. we had gotten communications that the job market seemed to be picking up. private payroll processor adp is looking for a gain of 157,000 jobs in the private sector. but as it turns out, according to the labor department, only a gain of 57,000 privately labor jobs but then the public sector cut 39,000 jobs so you wind up with a net gain of only 18,000 jobs. that was less than in may which was only 25,000. very weak numbers. need to see at least 125,000 new jobs each month just to keep up with new people coming into the workforce. as a result of all of that the unemployment race rose from 9.1 to 9.2% and the underemployment rate including those who are working part time and would rather work full time that rose from 15.8 to 16.2%. now, other things like average weekly earnings and they were flat for last m
here now is jason brooks with kcbs and cbsmoneywatch.com. jason, we just saw all the indices looking down this morning. >> reporter: and this is not the news we wanted to see this morning. it's incredibly disappointing and really a surprise. we had gotten communications that the job market seemed to be picking up. private payroll processor adp is looking for a gain of 157,000 jobs in the private sector. but as it turns out, according to the labor department, only a gain of 57,000...
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Jul 10, 2011
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yet today, owner rupert murdoch expressed "total support for rebekah brooks," the embattled executive who formerly edited the paper. south sudan became the newest nation trying to become the u.n.'s 193rd member following civil wars that left an estimated 1.5 million dead. holding most of the nation's oil reserve, continued tensions in the former sudan. dignitaries at the ceremonies were colin powell and u.n. envoy susan rice. a federal judge in new york city heard arguments in a lawsuit that challenges search procedures at the u.s. border. at issue the privacy of personal electronic devices and the plaintiff is an american citizen who says he has done nothing wrong. michelle miller has more. >> i've crossed the border dozens of times. >> pascal was on a train from montreal to new york last year when his travel history raised concerns at the u.s. border. >> i lived in jordan. i've traveled to lebanon. and i've also been to yemen. >> border agents searched his belongings, seized his laptop and ordered him to log on. >> next thing i know, my laptop is being perused and i'm basically bein
yet today, owner rupert murdoch expressed "total support for rebekah brooks," the embattled executive who formerly edited the paper. south sudan became the newest nation trying to become the u.n.'s 193rd member following civil wars that left an estimated 1.5 million dead. holding most of the nation's oil reserve, continued tensions in the former sudan. dignitaries at the ceremonies were colin powell and u.n. envoy susan rice. a federal judge in new york city heard arguments in a...
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Jul 20, 2011
07/11
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allegations that have already seen this british tabloid institution shuddered and claimed the jobs of rebekah brooks and london's police chief but contrition for the murdochs did not give way to admitting knowledge of the dirty tricks employed by those at their newspapers. both rupert and james defending the family legacy. >> it does not mean that i have any knowledge of anyone intentionally misleading me in the company. i don't. >> reporter: saying they simply didn't know what was happening. then theater moments early turned to farce. a protester from the public gallery tried to slam a foam pie into murdoch's face. he might have gotten closer had it not been for the swift response and powerful right hook of murdoch's wife. when the hearing resumed, a shirt sleeved murdoch seemed to gain the upper hand and the respect of his interrogator. >> i must say i it shows guts for you to be able to continue answering questions under the circumstances and a lengthy session. thank you for it. >> thank you. >> reporter: at times he appeared to be bemused and not being questioned by anyone but in the end a glimp
allegations that have already seen this british tabloid institution shuddered and claimed the jobs of rebekah brooks and london's police chief but contrition for the murdochs did not give way to admitting knowledge of the dirty tricks employed by those at their newspapers. both rupert and james defending the family legacy. >> it does not mean that i have any knowledge of anyone intentionally misleading me in the company. i don't. >> reporter: saying they simply didn't know what was...
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Jul 21, 2011
07/11
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hiking, biking, pilates... [ woman ] brooke... okay. i wear yoga pants because i am too lazy for real pants. that's my tide. what's yours? but they'd rather they disappear. mott's medleys has two total fruit and veggie servings in every glass but magically looks and tastes just like the fruit juice kids already love. mott's medleys. invisible vegetables. magical taste. >>> in this morning's "healthwatch dwherkts mammogram debate. breast cancer is the second deadliest form of the disease among women. last year it killed 40,000 americans, but there is still no agreement on how and when and how often to screen for it. on wednesday, the american college of obstetricians and gynecologists say annual mammograms should be offered to all women starting at 40. two years ago, a government panel recommended waiting until age 50. so we're looking for clarity on this life and death issue. we get it from cbs news medical correspondent dr. jennifer ashton and nancy brinker, founder and ceo of the susan g. komen foundation. great to have you both with
hiking, biking, pilates... [ woman ] brooke... okay. i wear yoga pants because i am too lazy for real pants. that's my tide. what's yours? but they'd rather they disappear. mott's medleys has two total fruit and veggie servings in every glass but magically looks and tastes just like the fruit juice kids already love. mott's medleys. invisible vegetables. magical taste. >>> in this morning's "healthwatch dwherkts mammogram debate. breast cancer is the second deadliest form of the...